LG Electronics India IPO: Date, Price Band, Valuation & Details
LG Electronics India, a market leader in home appliances and consumer electronics, is launching its much-anticipated Initial Public Offering (IPO) on October 7, 2025. The public issue will close on October 9, 2025. This IPO is set to be the third-largest in India in 2025, with an issue size of Rs 11,607 crore, marking the first-ever public listing of the Indian subsidiary of the South Korean multinational.
About LG Electronics India
Established in 1997, LG Electronics India is a wholly-owned subsidiary of South Korea's LG Electronics. The company manufactures, imports, and distributes a diverse range of products, including washing machines, refrigerators, televisions, air conditioners, and microwaves. As a leader in India’s consumer durables and home appliances market, LG serves both business-to-business (B2B) and business-to-consumer (B2C) segments.
Business Highlights
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Manufacturing Prowess: The company operates two large manufacturing facilities in Noida and Pune and is in the process of establishing a new plant in Sri City, Andhra Pradesh. A high percentage (97–98%) of its products are manufactured locally.
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Extensive Distribution Network: LG India has a vast presence with over 36,000 retail touchpoints, 25 warehouses, and 949 service centers across the country.
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Global Support: The Indian subsidiary benefits from the global supply chains, research and development, and strong brand equity of its parent company, LG Electronics Inc..
LG Electronics India IPO Details (2025)
| Detail |
Value/Date |
| IPO Open Date |
October 7, 2025 |
| IPO Close Date |
October 9, 2025 |
| Listing Date |
October 14, 2025 (Tentative) |
| Price Band |
Rs 1,080 – Rs 1,140 per share |
| Issue Size |
Rs 11,607 crore (Approx.) |
| Offer Structure |
100% Offer for Sale (OFS) of 10.18 crore shares |
| Lot Size |
13 Shares |
| Minimum Investment (Retail) |
Rs 14,820 |
| Employee Discount |
Rs 108 per share |
Valuation, Financials & Market Position
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FY25 Revenue: Rs 24,630.63 crore
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FY25 Net Profit (PAT): Rs 2,203.25 crore
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Market Capitalisation: At the upper price band, the company is valued at approximately Rs 77,380 crore.
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P/E Ratio: The price-to-earnings ratio stands at 33.27 times at the lower price band and 35.12 times at the upper end, based on FY2025 earnings.
LG Electronics India reported the highest revenue and earnings per share (EPS) among its listed peers like Havells, Voltas, and Whirlpool for the 2024 financial year, positioning it as a strong player in India's premium appliances market.
IPO Structure & Utilisation
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Offer for Sale: The IPO is entirely an Offer for Sale, where the promoter, LG Electronics Inc. of South Korea, will offload a 15% stake. The company itself will not receive any proceeds from the public issue.
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Reservation: The issue has a reservation of 50% for Qualified Institutional Bidders (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). A portion is also reserved for eligible employees.
Industry & Growth Prospects
India’s appliances and electronics market, which grew at about 7% annually between 2019 and 2024, is projected to accelerate to an 11% growth rate through 2029. This growth is driven by rising disposable incomes, increasing urbanisation, and deeper market penetration in rural areas. LG India is well-positioned to capitalise on this trend through its premiumization strategy and capacity expansion.
Key Dates & Timeline
| Event |
Date |
| Anchor Investor Bidding |
October 6, 2025 |
| IPO Opening |
October 7, 2025 |
| IPO Closing |
October 9, 2025 |
| Allotment Finalization |
October 10, 2025 (Tentative) |
| Listing on BSE & NSE |
October 14, 2025 (Tentative) |
Frequently Asked Questions (FAQs) about LG Electronics India IPO
Q1: What is the size and price band of the LG Electronics India IPO?
The IPO size is approximately Rs 11,607 crore, with a price band set at Rs 1,080 – Rs 1,140 per share.
Q2: Who is selling shares in this IPO?
The IPO is a complete Offer for Sale by the parent company, LG Electronics Inc. of South Korea.
Q3: What will the funds raised be used for?
Since this is an OFS, all proceeds will go to the promoter (the selling shareholder), and LG Electronics India will not receive any funds from the issue.
Q4: When is the stock market listing scheduled?
The shares are expected to be listed on the BSE and NSE on October 14, 2025.